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Fed Freezes Rates as Inflation and Unemployment Risks Spike—Traders Brace for Impact
Fed Freezes Rates as Inflation and Unemployment Risks Spike—Traders Brace for Impact
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The Federal Reserve just hit pause on rate changes—again. But here’s the twist: their own projections now show both inflation and unemployment could spiral. Classic ’damned if they do, damned if they don’t’ central banking.
Markets reacted with their usual Pavlovian volatility. Bitcoin briefly pumped on the news (because of course it did) before settling back into its usual sideways grind. Traders now face a Schrödinger’s economy: simultaneously overheating and cooling.
Meanwhile, Wall Street analysts continue getting paid six figures to state the obvious: ’Uncertainty remains high.’ Thanks, guys.
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